DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Lucien Stirling & Gray Advisory Group Inc

Independent wealth managerAustin, TexasCRD 112641SEC 801-79381websiteIAPD
Latest filing Mar 11, 2026
First filing on the tape Mar 28, 2012 · 27 filings
SEC status approved since Apr 3, 2014
RAUM
$147M
reported, Item 5.F
Discretionary
70%
of RAUM
Private clients
98%
$144M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$48.9M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$147M as of Mar 11, 2026
Mar 28, 2012$81.3M then
HNW client RAUM$109M as of Mar 11, 2026
Mar 15, 2018$92.1M then
State-registered IARs (5.B.3)3 as of Mar 11, 2026
Mar 28, 20120 then
Employees (5.A)5 as of Mar 11, 2026
Mar 19, 20157 then
Private funds: no history
RAUM +12% over the last fiscal year+14% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$48.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$255,328derivedRAUM over accounts (5.F.2.f)
Discretionary
70%derivedof RAUM
Institutional
2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Custody
$116M, 126 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$109M74%
  • Individuals$34.9M24%
  • Pension and profit-sharing plans$2.9M2.0%
Individual clients
96reported
HNW clients
50reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
574reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$116M for 126 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mark Allen WardCertified Financial Planner, Chartered Financial ConsultantAustin, TxAug 27, 200327 y0
Thomas Gray TwomblyAustin, TxAug 27, 200342 y0
Christopher Jacob VasquezAustin, TxSep 30, 201414 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
none on the tape
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Gray Thomas Twombly · President / Chief Compliance Officercontrol
        since 07/2001 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Austin, Tx · principal300
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 599 to 574
        Mar 18, 2025 to Mar 11, 2026
      • HNW clients · 46 to 50
        Mar 18, 2025 to Mar 11, 2026
      • Individual clients · 98 to 96
        Mar 18, 2025 to Mar 11, 2026
      • Assets in custody · $114M to $116M
        Mar 18, 2025 to Mar 11, 2026
      • Discretionary RAUM · $88.7M to $102M
        Mar 18, 2025 to Mar 11, 2026
      • HNW RAUM · $90.4M to $109M
        Mar 18, 2025 to Mar 11, 2026
      • Individual RAUM · $37.6M to $34.9M
        Mar 18, 2025 to Mar 11, 2026
      • Non-discretionary RAUM · $42.2M to $44.3M
        Mar 18, 2025 to Mar 11, 2026
      • Pension RAUM · $3.0M to $2.9M
        Mar 18, 2025 to Mar 11, 2026
      • RAUM · $131M to $147M
        Mar 18, 2025 to Mar 11, 2026
      • Accounts · 504 to 599
        Feb 20, 2024 to Mar 18, 2025
      • HNW clients · 36 to 46
        Feb 20, 2024 to Mar 18, 2025
      • Individual clients · 121 to 98
        Feb 20, 2024 to Mar 18, 2025
      • Assets in custody · $15.5M to $114M
        Feb 20, 2024 to Mar 18, 2025
      • Financial planning clients · 101-250 to 101-250
        Feb 20, 2024 to Mar 18, 2025
      • Discretionary RAUM · $75.8M to $88.7M
        Feb 20, 2024 to Mar 18, 2025
      • HNW RAUM · $62.9M to $90.4M
        Feb 20, 2024 to Mar 18, 2025
      • Individual RAUM · $41.4M to $37.6M
        Feb 20, 2024 to Mar 18, 2025
      • Non-discretionary RAUM · $31.5M to $42.2M
        Feb 20, 2024 to Mar 18, 2025
      • Pension RAUM · $2.9M to $3.0M
        Feb 20, 2024 to Mar 18, 2025
      • RAUM · $107M to $131M
        Feb 20, 2024 to Mar 18, 2025
      • Accounts · 615 to 504
        Mar 17, 2023 to Feb 20, 2024
      • Corporate clients · 1 to 0
        Mar 17, 2023 to Feb 20, 2024
      • HNW clients · 28 to 36
        Mar 17, 2023 to Feb 20, 2024
      • Individual clients · 124 to 121
        Mar 17, 2023 to Feb 20, 2024
      • Pension plan clients · 0 to 1
        Mar 17, 2023 to Feb 20, 2024
      • Assets in custody · $62.0M to $15.5M
        Mar 17, 2023 to Feb 20, 2024
      • Discretionary RAUM · $67.9M to $75.8M
        Mar 17, 2023 to Feb 20, 2024
      • HNW RAUM · $52.6M to $62.9M
        Mar 17, 2023 to Feb 20, 2024
      • Individual RAUM · $42.8M to $41.4M
        Mar 17, 2023 to Feb 20, 2024
      • Non-discretionary RAUM · $30.5M to $31.5M
        Mar 17, 2023 to Feb 20, 2024
      • Pension RAUM · $0 to $2.9M
        Mar 17, 2023 to Feb 20, 2024
      • RAUM · $98.4M to $107M
        Mar 17, 2023 to Feb 20, 2024
      • Accounts · 625 to 615
        Mar 2, 2022 to Mar 17, 2023
      • Corporate clients · 0 to 1
        Mar 2, 2022 to Mar 17, 2023
      • HNW clients · 56 to 28
        Mar 2, 2022 to Mar 17, 2023
      • Individual clients · 96 to 124
        Mar 2, 2022 to Mar 17, 2023
      • Pension plan clients · 1 to 0
        Mar 2, 2022 to Mar 17, 2023
      • Assets in custody · $113M to $62.0M
        Mar 2, 2022 to Mar 17, 2023
      • Employees · 7 to 5
        Mar 2, 2022 to Mar 17, 2023
      Signals
      1 dated events
      • Lucien Stirling & Gray Advisory Group Inc filed its initial SEC registration (Form ADV)
        Mar 11, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Business phone
      512-458-2517reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/lucien-stirling-&-gray-advisory-group-ireportedpublic record, Form ADV, Sep 18, 2026
      Website
      LSGGROUP.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      512-458-2517reportedpublic record, Form ADV, Mar 11, 2026
      Contact form
      lsggroup.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      lsggroup.com/about/meet-the-teamreportedpublished by the firm, firm site, Sep 16, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $48.9Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026